Presyo ng bigas sa Blumentritt Market, bumaba | Unang Balita - video Dailymotion

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Transcript

00:00If you will go to the market, the price of each kilo of rice will decrease in some families in Metro Manila.

00:06Live from Manila, the first news is Bam Alegre.

00:10Bam.

00:14Good morning. Now that the holiday season is coming, let's monitor the movement of the price of rice here in Blumen Street Market in Manila.

00:22The price of rice is not dropping.

00:26According to Cherry Martinez, she has been looking for a place to sell rice in Blumen Street Market in Manila.

00:32She suddenly sold her rice because the price of rice from the supplier, both local and imported, is slowly decreasing.

00:39Whatever they sell, the same thing happens to us retailers.

00:45For the past 5 months, the price of rice has decreased by more than P100 per kaban.

00:54Others' prices have decreased by P5 per kilo.

00:58Before, our lowest was P48, P49. Now, it's P45.

01:03So, in total, the price of her rice sellers varies from P45 to P55 per kilo.

01:09This is a big help for her supplier, Christy Rea Lengo, who has a grocery store.

01:13The price of rice has decreased a lot.

01:16So far, it's good because it's a big help for us.

01:20For the grocery stores, of course, when the price of rice decreases, the income is good.

01:26According to the Philippine Statistics Authority or PSA, the average price of regular milled rice per kilo was P50.22 per kilo in October.

01:35It didn't go up much to the P50.66 per kilo price in August.

01:40According to the Philippine Millers Association or KMP,

01:43the price of rice decreased by P44 from the Executive Order No. 62 signed by the President.

01:48The tariff on imported rice decreased from 35% to 15%.

01:54One of the effects of EO62 is that the price of local rice decreased from P25 per kilo

01:59to P15 to P18 per kilo which has an effect on farmers.

02:04We asked for permission from the Department of Agriculture.

02:07Because there are many types of rice to choose from,

02:10the budget will be adjusted to feel the price decrease of some variants of rice.

02:14For example, Sam Fayaldo, who buys rice here in Bloomingtree,

02:18the cheapest price is P45 per kilo.

02:21Sometimes, it goes up.

02:24We thought it was from Bongbong Marcos.

02:28We hoped it would be P21 per kilo.

02:31It didn't go up.

02:35There are many types of rice to be sold here in Bloomingtree Market this morning.

02:40Jasmine rice, Sinandobeng, and imported rice from Vietnam.

02:45This is the first news from Manila.

02:47Vamalegre for GMA Integrated News.

Presyo ng bigas sa Blumentritt Market, bumaba | Unang Balita

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